Sadiq Khan has outlined his proposals for “rent-controlled” intermediate rental homes for key workers.

The Mayor of London, in a consultation paper, has set out detail about how his new tenure, which he calls Key Worker Living Rent (KLWR), might work.

He is proposing rents and service charges are capped at 40 per cent of average key worker household income after tax. City Hall’s maximum income eligibility threshold of £67,000 per year for intermediate housing will apply to KWLR homes, although the paper stresses this could increase.